We the People MI
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$5,144,086
Contributions
>99%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$3,951,877
Salaries & Benefits
62%
Fees to Service Providers
21%
Other
9%
Offices, Occupancy & IT
8%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,410,442
$5,137,486
+51%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$43,150
$6,600
-85%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$3,453,592
$5,144,086
+49%
Expenses
2023
2024
Change
Grants
$497,844
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$50,000
$2,445,001
+4790%
Fees to Service Providers
$3,032,606
$819,279
-73%
Advertising & Promotion
$17,854
$0
-100%
Offices, Occupancy & IT
$171,776
$323,003
+88%
Interest
$0
$0
-
Depreciation
$3,772
$3,773
+0%
Other
$173,563
$360,821
+108%
Total Expenses
$3,947,415
$3,951,877
+0%
Net income
2023
2024
Change
Net income
-$493,823
+$1,192,209
-341%
Functional Expenses
Summary
2023
2024
Change
Program
$3,528,909
$3,484,167
-1%
Admin
$348,756
$389,759
+12%
Fundraising
$69,750
$77,951
+12%
Total Expenses
$3,947,415
$3,951,877
+0%
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